If you followed my blog before it disappeared for 2 months (baffling the tech support folks that host my site), then you know I generally cover all the sold properties in Alamo. I am told (and being an optimist, I keep hoping this is true), that my old posts will be restored to my new location–so the sales for the year through August will show up soon, but I am woefully behind.
At first I thought I’d start with some good news–we’ve had some strong sales in Alamo lately, many homes fetching over $400/sf, a few over $500/sf, and one at $601/sf.
On the other hand, since today is Halloween, maybe I’ll get the spooky sales out of the way first….then tomorrow, when you’ve had your fill of cute kids in costume and peanut butter cups (I’m not the only one who buys my favorite candy to hand out, am I?), tune in here for some good news.
I’ll pick up the sales from 9/15…we’ve had 26 sales in that time; 16 of those sold for under $400/sf and two sold for under $300/sf. Our currently inventory in Alamo is 99 homes for sale. Here are the sales that, for one reason or another, sold for less than $400/sf (a number I consider to be a benchmark in Alamo):
- 204 Dorchester Lane $1,499,900 6 bedroom, 6.5 bathrooms, 5559 sq feet, .38 acre lot, built in 1996. No surprise that an REO tops the list for lowest ppsf in this time period. Located in Stonegate, a wonderful neighborhood in Alamo (gated, quiet, foot of Mt Diablo, tennis courts). I can remember touring this home when it was on the market as a new listing in June of 2007, priced at $2,525,000. Beautiful in many ways–like a castle–but without a backyard to speak of, and that was always the thing that would make this home hard to sell at any price. Behind the house is a patio and a severe cliff-like upslope. It never sold in ’07 or in ’08 when it was priced lower, but still over $2 million. Even so, it’s a lot of house for the bank’s asking price, and pretty spooky to realize that it sold for $1,175,000 or a frightening $211/sf.
- 10 Christopher Lane $899,000 5 bedrooms, 2.5 bathrooms, 3230 sq ft, .72 acre lot, built in 1975. This was a regular sale, not a short sale or an REO, but sold for a low price per sq foot, at least partly because of its location on the corner of Danville Blvd. It first came on the market about a year ago, priced at $1,149,000. Off and on the market since, it took the month of August off–leaving the market priced at $999,000 and returning 30 days later at $899,000. Sales price was $855,000 or $265/sf.
- 164 S Jackson Way $1,175,500 4 bedrooms, 2.5 bathrooms, 3500 sq feet, .8 acre lot, built in 1947. This home has a gorgeous park-line backyard, but is unfortunately quite close to the freeway, so needed a buyer that is not fussy about freeway noise. It has a lot of sq footage, but needs some updating. The original home has been enlarged by coverting the garage to a master suite. It started on the market in March at $1,347,500, and just sold for $1,050,000 or an even $300/sf.
- 25 Treetop Terrace Ct $1,642,990 4 bedrooms, 3.5 bathrooms, 4771 sq feet, .53 acre lot, built in 2009. This is one of the brand new homes in the development across from Monte Vista HS. This is a two-story home with (according to the builder) “167,000 in upgrades”. Sold for $1,575,000 or $330/sf.
- 55 Bunce Meadows Dr $997,500 4 bedrooms, 4 bathrooms, 3000 sq feet, .97 acre lot, built in 1954. This is a charming street in Alamo, where horses roam, yet so close to town. I love the country feeling here. This house had an addition of a master suite, so that part of the house was much newer. The floorplan was a bit funky, since you had to go through a bedroom to get to the addition, but overall I thought this house was a great value. Sold for $989,250 or $330/sf.
- 5 Brookdale Ct $690,873 4 bedrooms, 2 bathrooms, 1925 sq feet, .52 acre lot, built in 1953. This house is tucked between the freeway and Danville Blvd, on one of the little lanes near Rudgear Rd that you access across a bridge. It’s cute in a 1950’s way, but the freeway noise and the Walnut Creek schools (this part of Alamo is not zoned Alamo schools) are not going to appeal to all buyers. (WC schools are wonderful, don’t get me wrong, but often buyers target Alamo for the schools and then they will cross something like this off their list). This was a bank-owned house that started out priced at $805,800 in June. It sold for $650,00 or $338/sf.
- 376 Castle Crest Rd $1,199,000 5 bedrooms, 3 bathrooms, 3187 sq feet, 1.26 acre lot, built in 1974. This house is also in the WC school district, located high on the hill off Hillgrade & Crest. Gorgeous views with the usual price: not a flat lot. Beautiful kitchen and lovely home throughout. This home started at $1,279,000 in March. It went pending right away, but that fell apart, and then it sat until the price change. It sold for $1,100,000 or $345/sf.
- 341 Bryan Drive $989,000 4 bedrooms, 3 bathrooms, 2858 sq feet, .36 acre lot, built in 1985. Here’s one for the record books: a short sale that listed on 9/4, pended on 9/6, and closed on 9/22. All cash, obviously, and with Wachovia as the decision-maker, the bank that is the hands-down best to work with on short sales. Located in Bryan Ranch, a desirable neighborhood, and with great curb appeal and a private backyard backing to open space. Sold for $989,000 or $346/sf.
- 118 Alamo Sq $584,000 3 bedrooms, 2 bathrooms, 1639 sq feet, .05 acre lot, built in 1977. This townhome showed beautifully; sold for $567,000 or $346/sf.
- 3149 Stonegate Dr $1,474,900 5 bedrooms, 4.5 bathrooms, 4259 sq feet, .47 acre lot, built in 1991. This was an REO that didn’t show very well…just the usual overgrown lot and lack of staging (or care) that we expect from a bank-owned home–but the potential was obvious. A large home with a nice floorplan a huge kitchen, the backyard had views and a pool and flat area–and lots of privacy. You needed a bit of imagination, but a few dollars will restore this home back into lovely condition. Sold for $1,474,000 or $346/sf.
- 348 Golden Grass Dr $1,792,490 5 bedrooms, 4.5 bathrooms, 5061 sq feet, .34 acre lot, built in 2008. This is part of the new construction across from Monte Vista HS; after 2 years, the builder is no doubt a very motivated seller. This two-story house sold for $1,792,490 or $354/sf.
- 1817 Piedras Circle $1,098,900 5 bedrooms, 3 bathrooms, 2800 sq feet, .3 acre lot, built in 1976. Located in Whitegate, a very charming family-friendly neighborhood, this home had some nice updating and a lovely backyard and pool. Sold for $1,035,000 or $392/sf.
- 16 Treetop Terrace Ct $1,864,990 5 bedrooms, 4.5 bathrooms, 5061 sq feet, .4 acre lot, built in 2008. Here’s another one from the new development across from MVHS–they’ve been busy in there! This two story home sold for $1,882,917 or $372/sf.
- 1540 Hillgrade Ave $2,295,000 5 bedrooms, 4.5 bathrooms, 5569 sq ft, .84 acre lot, built in 2003. Located right on the Trail, on the dividing line for the school district (this home is zoned WC; the house across the street, zoned Alamo), Hillgrade is a busy street, but this home is set back from the street. Sold for $2,095,000 or $376/sf.
- 311 Likely Ct $1,149,000 4 bedrooms, 2.5 bathrooms, 2530 sq ft, .46 acre lot, built in 1973. This is a nice court in Roundhill, lovely backyard with pool. Sold for $972,500 or $384/sf.
- 910 Camille Lane $1,949,000 5 bedrooms, 5 bathrooms, 4655 sq feet, 1.08 acre lot, built in 1977. Such a charming home! Very unique and located in the wonderful westside location off Camille. Gorgeous inside and out with views, flat lot, private backyard with pool. Nothing spooky about this sale or this home, but it’s here because it just squeaked by in the under $400 category. Sold for $1,851,000 or $398/sf.
Whew! Catching up is hard to do…but we’re getting there! Stay tuned tomorrow for the rest of the list. Now we all need to fill our candy bowls (and I’ll try not to eat more chocolate than I give away, always my challenge), and enjoy this fun day. HAPPY HALLOWEEN!